SEATTLE—The $1-billion Bannockburn, Ill.-based Great Lakes FCU and the $750-million, Saginaw, Mich.-based Team One FCU said they are now partnering with Strum Platform.
Fresh Today
CHICAGO–The Federal Reserve said it has now narrowed the timing of the FedNow Service launch to mid-year 2023, and is specifically targeting a production rollout of the service in the May to July timeframe.
DES MOINES, Iowa– The CUSO Curql Collective said its Curql Fund I has made an investment in fintech startup Credit Mountain.
BOSTON– Some 40% of small business owners could not pay their August rent on time and in full, up 6% from July, according to Alignable’s August Rent Report.
BROOKFIELD, Wis.—While summer is not yet officially over, consumers are already thinking about holiday shopping—especially for gift cards—a new study shows.
WASHINGTON—The Federal Trade Commission is sending 14,521 checks totaling more than $822,000 to borrowers who lost money to a student loan debt-relief scheme that operated under the name Student Advocates.
LISBON, Portugal—Some cryptocurrency exchanges are seeing their accounts closed by some of the top banks in Portugal, which is a crypto-friendly country.
ATLANTA–Three credit unions in three different states have announced plans to merge with each other.
BISMARCK, N.D.–North Dakota’s credit unions say NCUA is withholding more than $10 million owed them as part of the resolution of the failed corporate credit unions, and the state’s two senators are also pressing the agency to return the funds.
TOPEKA, Kan.–While Kansas Sen. Roger Marshall (R) was in his home state meeting with merchants who support the interchange legislation he is co-sponsoring, the Sunflower State’s credit unions and banks moved to reissue a statement at the same time expressing their opposition.